Malaysian SME's are not very competitive threats la
If the latest UPS Asia Business Monitor is to be believed, other SMEs in the region don't really think Malaysian SMEs are much of a competitive threat to them.
Instead, the crown goes to China whose SMEs are considered to be the greatest competitive threats followed by Japan, Hong Kong and Korea.
Malaysia comes in at a lowly 10th spot, above the bottom two economies, Indonesia & the Philippines. When asked whom they considered to pose the greatest threat to them, Malaysian SMEs rated China, Korea & Taiwan as their Top 3. Trust us Malaysians to rank Singapore SMEs as less of a threat than faraway Hong Kong and even Thailand!
Perhaps as a vindication of my earlier posting, local SMEs cite lack of innovation as the main obstacle to their competitiveness.
Tags: SME, competitiveness, Malaysia, UPS, Asia business, innovation, China
posted by hew @ 10:41 am
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